Economy Watch

Global economic growth will accelerate next year driven by lower energy prices, a resurgent U.S. consumer as a global driver of growth, and stimulus measures being imposed by multiple central banks, IHS Chief Economist Nariman Behravesh told the 2015 TPM conference in Long Beach on Monday.

Don't be fooled by a seasonal drop in net trailer orders in January — a stronger economy and changing equipment strategies are contributing to a "vibrant" trailer market in the U.S., as FTR sales data show.

In an encouraging sign for the still-struggling Japanese economy, the nation’s exports got off to a powerful start this year, with shipments to the U.S. and some other major trading partners in January rising at a double-digit pace compared to the prior year.